WALKER
v.
COMMISSIONER OF INTERNAL REVENUE
This appeal by a taxpayer from an income tax assessment falls within a narrow compass. The pertinent statute, Revenue Act 1921, § 214 (a) (1), 42; Stat. 239; Revenue Act 1924, § 214 (a) (1), 26 USCA § 955 (a) (1), provides for the deduction of “all the ordinary and necessary expenses paid * * * in carrying on any trade or business,” and the question involved is “whether fees paid by petitioner to her attorneys in a suit to recover additional income from certain trusts of which she was beneficiary are deductible from her gross income.” Statement of the facts is to decide the ease. The petitioner was trying to surcharge her trustees in the administration of the trust. In so doing she was not engaged in any trade or business.
The Tax Board rightly held she was not entitled to the deduction, and its order is affirmed.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Cited By
-
Commissioner of Internal Revenue v. Boeing, 106 F.2d 305 (9th Cir. 1939)
-
Van Wart v. Commissioner of Internal Revenue, 295 U.S. 112 (U.S. 1935)
-
Miller v. Commissioner of Internal Revenue, 102 F.2d 476 (9th Cir. 1939)
Previewing 3 of 6 citing cases — full citator treatment, depth of discussion, and citing context are member features.
Join FLexlaw to unlock all legal intelligence